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ACQUISITIONS (Tables)

9 Months Ended

Sep. 30, 2024

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

Acquisitions for the nine months ended September 30, 2024 and 2023, were as follows:

Entity Acquired (Dollars in millions)						Date of Acquisition						Additional Percent Interest Acquired						Payments to Former Owners						Acquisition Related Debt Retirements						Total Purchase Consideration						Type of Acquisition(1)																								Goodwill Acquired						Intangibles Recognized(2)
2024
Engendren Corporation						02/16/24						100%						$	65					$	—					$	65					COMB																								$	33					$	8
2023 (3)
Hydrogenics Corporation						06/29/23						19%						$	287					$	48					$	335		(4)			EQUITY																								$	—					$	—
Teksid Hierro de Mexico, S.A. de C.V.						04/03/23						100%						143						—						143						COMB																								18						—
(1) All results from acquired entities were included in segment results subsequent to the acquisition date. Previously consolidated entities were accounted for as equity transactions (EQUITY). Newly consolidated entities were accounted for as business combinations (COMB).
(2) Intangible assets acquired in the business combination were mostly customer and trade name related.
(3) See NOTE 24, "ACQUISITIONS," of the Notes to the Consolidated Financial Statements of our 2023 Form 10-K for additional information on prior year acquisitions.
(4) Hydrogenics entered into three non-interest-bearing promissory notes with $175 million paid on July 31, 2023, and the remaining $160 million due in three installments through 2025.

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

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